Lithia Motors Inc
LAD
Delayed Nyse - 03/23 09:02:03 pm
85.65USD
-0.19%

Good timing to anticipate the return of volatility

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David Meurisse
Contributor / Partner

Strategy published on : 03/20/2017 | 14:17

long trade
Live

Entry price : 91.86$
Target : 119.5$
Stop-loss : 84.4$
Potential : 30.09%

After accumulation, acceleration. Timing appears favorable to go long in shares of Lithia Motors Inc and to anticipate an exit of the trading range on the upside.
Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

● In a short-term perspective, the company has interesting fundamentals.


Strengths

● Graphically speaking, the timing seems perfect for purchasing the stock close to the USD 90.51 support.

● The group usually releases upbeat results with huge surprise rates.

● The company shows low valuation levels, with an enterprise value at 0.26 times its sales.

● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.

● Over the past year, analysts have regularly revised upwards their sales forecast for the company.

● Over the last seven days, analysts have been revising upwards their EPS estimates for the company.

● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.

● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.

● The stock is in a well-established, long-term rising trend above the technical support level at 84.54 USD

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